Short Interest in Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) Decreases By 71.1%

Alfa S.A.B. de C.V. (OTCMKTS:ALFFF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 3,211,700 shares, a decrease of 71.1% from the December 15th total of 11,120,700 shares. Based on an average trading volume of 13,400 shares, the days-to-cover ratio is presently 239.7 days.

Alfa Stock Performance

Shares of OTCMKTS ALFFF opened at $0.75 on Wednesday. The stock’s 50 day moving average price is $0.75 and its two-hundred day moving average price is $0.69. Alfa has a 52-week low of $0.52 and a 52-week high of $0.82.

About Alfa

Alfa SAB. de C.V., together with its subsidiaries, engages in the petrochemical and synthetic fiber and refrigerated food businesses in Mexico. It operates through two segments, Alpek and Sigma. The company manufactures petrochemical and synthetic fiber products, including purified terephtalic acid, polyethylene terephthalate (PET), recycled PET, polypropylene, expandable polystyrene, chemical specialties, and industrial chemicals.